Green Car Congress
APRIL 21, 2011
Minnesota’s highway revenues are derived from three sources: the gas tax, vehicle registration fee or tabs and the motor vehicle sales tax. These funding sources support construction and maintenance of the highway system. Other state DOTs also are researching alternative financing methods to supplement or replace a gas tax.
Green Car Congress
APRIL 21, 2022
There are also unanswered questions about how to even finance electrification or road construction and maintenance given lost revenues from fuels taxes, Foss said. Thus, the success of EVs, much less anything else in the energy transition hopper, cannot be divorced from the geopolitics of the day.
Green Car Congress
OCTOBER 23, 2010
The US has up to now adhered to the user-fee principle in financing transportation infrastructure—i.e., users pay for the construction and maintenance of roads via a federal fuel tax. In the meantime, cars and trucks have become more fuel-efficient. States use similar mechanisms. —Huang et al.
Green Car Congress
JANUARY 30, 2018
Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. ZEVs require significantly less time and money spent on maintenance because they have only about 20 moving parts – about 1,800 fewer moving parts than traditional ICE vehicles.
Green Car Congress
DECEMBER 14, 2010
transportation, and ensure state fuel taxes can support all transportation modes. Update transportation financing and funding formulas to reward reductions in driving, VMT, and fuel. States should seek to bring greater balance to their transportation investment plans.
Green Car Congress
JUNE 21, 2009
Establishing a new program to finance planning, design, and construction of high-speed rail. Currently, the US Highway Trust Fund supports the construction, repair and maintenance of highways. The Fund is replenished by revenue collected from motor fuel taxes. Highway account balance. Source: DOT. Click to enlarge.
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